Comparative Advantage of Agricultural Products and Integrated Research on Foreign Trade

Author: Li Chongguang
Publisher:
Publish Date: 2004-12-01
Features: This book introduces the main theories and analytical methods of comparative advantage in agricultural products; applies the theory of production functions and the domestic resource cost (DRC) model to conduct an empirical analysis of the comparative advantage of 12 major agricultural products in China, including grain, cotton, oilseeds, fruits, and pigs; uses the Granger causality model and a two-dimensional analytical framework to study the relationship between changes in the import and export volume of agricultural products in China and fluctuations in international market prices.